Mega African Capital Balance Sheet Health
Financial Health criteria checks 5/6
Mega African Capital has a total shareholder equity of GHS93.0M and total debt of GHS0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are GHS252.7M and GHS159.7M respectively.
Key information
0%
Debt to equity ratio
GH₵0
Debt
Interest coverage ratio | n/a |
Cash | GH₵137.94m |
Equity | GH₵93.02m |
Total liabilities | GH₵159.66m |
Total assets | GH₵252.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAC's short term assets (GHS138.2M) do not cover its short term liabilities (GHS159.7M).
Long Term Liabilities: MAC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MAC is debt free.
Reducing Debt: MAC had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MAC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MAC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 28.3% per year.